Stride Missed Expectations

Stride (LRN) reported earnings of $2.02 per share on revenue of $613.38 million for the fiscal third quarter ended March 2025. The consensus earnings estimate was $2.09 per share on revenue of $593.74 million. The Earnings Whisper number was $2.14 per share. The company missed expectations by 5.61% while revenue grew 17.77% on a year-over-year basis.

The company said it expects fiscal 2025 revenue of $2.370 billion to $2.385 billion. The company's previous guidance was revenue of $2.320 billion to $2.355 billion and the current consensus revenue estimate is $2.34 billion for the year ending June 30, 2025.

K12 Inc is a technology-based education company. It offers proprietary curriculum and educational services created for online delivery to students in kindergarten through 12th grade, or K-12.